Jed sez:

...

>> Besides the price will naturally drop soon as the American
>> economy slides into depression.  Why take a hit sooner than
>> is necessary?

> A U.S. depression is what they are trying to avoid. That's why
> they would be wise to do what Bush suggests. They should also
> pump the stuff and sell it as quickly as they can, before
> someone invents a cheaper alternative. Sooner or later, it
> will be worth nothing.
>
>- Jed

Continuing my own cynical rant I'd like to mention that the Kiplinger
Letter, a conservative think tank, recently commented on the fact that
most OPEC heads do not want their prices to skyrocket either. OPEC, at
least the smarter heads who are trying to run things behind closed
doors, are well aware of what the future holds for their way-of-life
if AE R&D picks up speed and begins to make inroads.

I also think it becomes increasingly more likely that continued high
prices will ultimately have the potential of destroying OPEC because
year-after-year their own economies will gradually become addicted to
the expectation of higher revenues just to maintain their own life
styles. Any dip in prices... and the revolution is only a week away.

A wise Saudi businessman once stated:

My grandfather herded camels.
My father rode bicycles.
I drive cars.
My children will pilot jets.
My grandchildren will herd camels.

Regards
Steven Vincent Johnson
www.OrionWorks.com
www.zazzle.com/orionworks

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